New Minimum Wage: NLC, FG Agree To Review Minimum Wage
The Federal Government and the organized labour have reached an agreement to set a new minimum wage.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba, disclosed that the Federal Government and the organised Labour movement in the country have reached a consensus to review the National Minimum Wage.
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The NLC president Wabba made this known on Wednesday in Abuja.
Wabba in an interview with newsmen disclosed that the consensus was reached during the sitting of the Technical Committee on Palliative.
The labour leader stated that the committee was saddled with the responsibility of look into the framework to ameliorate the sufferings of Nigerians and cushion the effect of the increase in the price of fuel.
Wabba also noted that the report of the committee, which was also meant to discuss the new minimum wage, was ready for submission.
“I think there is a consensus on the fact that nobody has said that the minimum wage should not be reviewed.
“The palliative report is ready and it would be submitted before the end of the month.
“At the last palliative meeting, labour leaders had requested that they needed to look at the main report of the committee before submission.
“So, the technical committee will have to submit its report to Mr President and not to the Minister of Labour and Employment”
Wabba disclosed that after the submission, the Presidency would then set up the tripartite committee that would involve the government, private and public sector.
Labour, FG Agree On New Minimum Wage
According to him, the NLC was hopeful that the minimum wage committee would be constituted soon.
He added that labour had also received positive response from the National Assembly, of which the Senate had promised to pass the bill.
Labour unions in the country had previously submitted a proposal to the government demanding that N56, 000 be set as the new minimum wage.
The Union said the reason for their action is because of the state of the that the economy, coupled with the fact that the law states that wages for workers must be reviewed after every five years.
The new minimum wage is to ensure that no worker earns below what can sustain him or her for a period of 30 days.